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Company Registration No. 10775936 (England and Wales)
ABS CAR WASH LTD Unaudited accounts for the year ended 31 May 2023
ABS CAR WASH LTD Unaudited accounts Contents
Page
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ABS CAR WASH LTD Company Information for the year ended 31 May 2023
Director
Mr Abbass MOHAMMEDI
Company Number
10775936 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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ABS CAR WASH LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
34,579 
33,602 
Cash at bank and in hand
- 
2,493 
34,579 
36,095 
Creditors: amounts falling due within one year
- 
(383)
Net current assets
34,579 
35,712 
Total assets less current liabilities
34,579 
35,712 
Creditors: amounts falling due after more than one year
(44,942)
(44,942)
Net liabilities
(10,363)
(9,230)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(10,463)
(9,330)
Shareholders' funds
(10,363)
(9,230)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2023 and were signed on its behalf by
Mr Abbass MOHAMMEDI Director Company Registration No. 10775936
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ABS CAR WASH LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
ABS CAR WASH LTD is a private company, limited by shares, registered in England and Wales, registration number 10775936. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
34,579 
33,602 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
383 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
44,942 
44,942 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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